This chapter features an interview with Michael McKee discussing Jay Powell's remarks on US monetary policy at the Jackson Hole Economic Policy Symposium. McKee highlights Powell's reiteration of previous statements with a slightly hawkish tone and his emphasis on maintaining the Fed's target of 2%. The chapter also explores divergent opinions within the Federal Reserve regarding future rate increases.
Bloomberg News International Economics & Policy Correspondent Michael McKee reports on Federal Reserve Chair Jerome Powell saying the US central bank is prepared to raise interest rates further if needed from the Jackson Hole Economic Policy Symposium. Mike Belshe, CEO of BitGo, discusses the need for a regulated environment to safely store digital funds. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick provide the details of Liz's Businessweek Magazine story US Budget Deficits Are Exploding, With No End in Sight. And we Drive to the Close with Nancy Tengler, Chief Investment Officer at Laffer Tengler Investments.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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